3 ms·
averages strike again. Median wealth in the U.S just around $100k - see Wikipedia & other databases. how many people own houses ? & for those people that own
by dzonga 3mo ago
averages strike again.
Median wealth in the U.S just around $100k - see Wikipedia & other databases.
how many people own houses ? & for those people that own houses - average equity in those houses is less than 45%.
ain't no factoid - but lived reality of most people. maybe on the coasts where techies and finance bros live - but the rest of america is facing a bleak financial reality.
- dzonga 3mo agoactually per UBS [0]: Median Wealth in the US is $68K. Almost neck in neck with median income. [0]: https://www.ubs.com/global/en/media/display-page-ndp/en-20260630-gwr-2026.html https://www.ubs.com/global/en/media/display-page-ndp/en-2026...
- Aurornis 3mo ago> averages strike again. My comment said "median" explicitly The number was for household wealth. I think you're looking at individual wealth, which would naturally be lower because it's spread across more people. Source: https://www.federalreserve.gov/econres/scf/dataviz/scf/table/#series:Net_Worth;demographic:all;population:all;units:median https://www.federalreserve.gov/econres/scf/dataviz/scf/table... The average (mean) is closer to $1 million per family, but that's not a useful number.